Elon Musk's "SNL" Dogecoin Comments Create Crypto Headache for Robinhood

Elon Musk's appearance on Saturday Night Live over the weekend created a huge headache for the Robinhood trading app after the tech exec's comments on Dogecoin (CRYPTO: DOGE) caused the cryptocurrency to plunge in value and forced the brokerage to pause all cryptocurrency trading. Just as occurred during the GameStop and AMC Entertainment trading frenzy in January, the investment platform was overwhelmed by too much activity. Playing "Dogefather" Lloyd Ostertag during the Weekend Update segment, Musk danced around numerous attempts to get an answer to the question, "What is Dogecoin?" Finally, he agreed, "Yeah, it's a hustle."